Is there a big house change in the market before the Q3 cycle?
The success of this move depends more on stablecoin movements than short-term price fluctuations, as digital currencies feed directly into the strong DeFi ecosystem that creates long-term growth patterns.
This is where RLUSD’s recent activity has fueled discussions about where the currency is stabilizing as Q2 draws to a close.
According to DeFiLlama data, the RLUSD amount of $1.57 billion on the XRP Ledger has surpassed the Ethereum level. The chart below shows that RLUSD on XRPL is now worth $804 million, which is about 52% of the total, while Ethereum has made a contract of $771 million.
This difference in the distribution of assets is causing the discussion to increase around the XRP price forecast going into Q3.
The growth of XRPL in Japan also supports this trend.
In a statement, RLUSD has received approval in Japan, allowing the use of many USD-backed stablecoins to pay in a market of approximately 122 million people.
This drives the high performance of RLUSD over XRPL, strengthening liquidity and feeding into XRP price movements.
From a technical lens, this comes at a very important time. On the weekly chart, the XRP/ETH ratio has been stable since September, despite the volatility of the crypto.
In contrast, the RLUSD divergence between XRPL and Ethereum may not be random, but rather an early sign of Q3 leadership.
Stablecoin changes the exchange rate of XRP
Waiting Ripple (XRP) to do well Ethereum (ETH) in Q3 they may not be too far away.
At the DeFi level, stablecoins are moving in different directions. DeFiLlama data shows the XRPL stablecoin offering a rise of 8% this week with more than $800 million, while Ethereum fell by 0.3%.
This shows the economic growth of XRPL and supports the prediction of XRP price higher than ETH for Q3.
Organizational trends follow the same pattern. The SoSoValue index shows Ripple ETF trading recorded $31.32 million in total inflows in June so far, although this is still below May’s $132 million.
During this period, the Ethereum market registered $377 million in revenue, which shows a clear improvement in the management of institutional funds.
In this context, RLUSD provides leverage over XRPL not by chance.
In fact, it is a Japanese license, including XRP/ETH, and institutional circulation. tilt In the direction of XRP, the information shows a significant change in the financial situation. In this setting, an explosion of ratio can be made.
As a result, the XRP price forecast now leads to a possible recovery from the recent dip, returning to the level of $1.5-$2 and placing it as a strong setup for Q3.
